Holding/Management company & subsiditary LLC credit question

[Brandon R.]

I have established a holding LLC that I am the owner of, and a subsidiary LLC that is wholly owned by the holding LLC. The subsidiary LLC is registered in NC where it is about to buy a property (cash) that will be a long-term residential rental.

My first property will be paid for with cash, from an owners deposit: filtering down through the holding LLC and then to the subsidiary that will buy the property.

Looking forward, I will very likely form an LLC, owned by my holding LLC, for each property -and would rather not discus this here. I want to leverage this first property to build business credit for future properties (again, likely under different LLCs, subsidiarity of my holding LLC).

Which business do I focus on building credit for? I dont see any situation where my holding LLC will have any direct expenses so establishing credit will be nearly impossible.


Thanks,
Brandon